No tax deduction at source applies to eligible Unit Trust income payable to specified non-resident recipients. No deduction of tax at source applies to income payable in respect of Unit Trust of India units where the recipient is a Non-Resident Indian or a ... Summary
No tax deduction at source applies to eligible Unit Trust income payable to specified non-resident recipients.
No deduction of tax at source applies to income payable in respect of Unit Trust of India units where the recipient is a Non-Resident Indian or a non-resident Hindu Undivided Family and the prescribed conditions are satisfied. Although such unit income is ordinarily subject to tax deduction at source, the specified exemption removes the deduction requirement when these eligibility conditions are met.
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